THE BERNIE BUZZ from Senator Bernie Sanders Profitable American companies paid just 12.6 percent of their profits in federal income taxes in 2010 -- well below the 35 percent federal corporate income tax rate, according to a new study by the Government Accountability Office. “At a time when corporate America and their allies in Congress are demanding lower tax rates, this report clearly shows that many multi-national corporations are currently paying very little in taxes,” Bernie said. “In fact, some very profitable corporations like General Electric and Bank of America have, in some recent years, actually paid nothing in federal income taxes. As a result of absurd tax policy, large corporations and the wealthy are avoiding more than $100 billion in taxes each and every year by stashing their cash in the Cayman Islands and other offshore tax havens.” Bernie authored legislation, the Corporate Tax Fairness Act, to stop profitable corporations from sheltering income. Bernie’s bill would generate more than $590 billion in revenue over the next decade and stop the federal government from giving tax breaks to corporations that ship American jobs overseas and shift their profits to offshore tax havens.
Wow, the whiners were crying in their milk when the I.R.S. was investigating the teabaggers, until it was found out that the liberals were being investigated too. And the whiners have been pitching a hissy fit about deficits since Obama took the White House, but not a word when the cons were doubling the national debt during Shrubs eight years. And with a $15 trillion national debt, there's a deafening silence when the super greedy cheat on trillion$ in taxes. Well don't be whining about YOUR taxes being too high. Pft!
Every president from Washington to bush didn't not spend what the blu gum nobama has it 5+ years. He is the reason for all the bullshit, Pull your head out of your ass. He just blew 100million to send his tribe to meet Africa tribes. Bush was there on his own dime donating his time, Money and much more as nobama got a few pic's with him. But your on the 'blame' side and will never nut up and fix, Just sit and spew libtard/dumbacrat lie's. Your a fucking tool who pulls shit out of your ass, Learn to read so it don't sound as dumb. Again, Its fact, nobama has spent what every other true president has before him combined.
